Cameco Net Income Applicable To Common Shares from 2010 to 2026
| CCO Stock | CAD 171.98 7.67 4.67% |
Net Income Applicable To Common Shares | First Reported 2016-12-31 | Previous Quarter 69.8 M | Current Value 320.9 M | Quarterly Volatility 93.7 M |
Check Cameco Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cameco Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 235.5 M, Interest Expense of 133.9 M or Selling General Administrative of 305.7 M, as well as many indicators such as Price To Sales Ratio of 9.69, Dividend Yield of 0.0024 or PTB Ratio of 4.77. Cameco financial statements analysis is a perfect complement when working with Cameco Corp Valuation or Volatility modules.
Cameco | Net Income Applicable To Common Shares |
Evaluating Cameco Corp's Net Income Applicable To Common Shares across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Cameco Corp's fundamental strength.
Latest Cameco Corp's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Cameco Corp over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Cameco Corp's Net Income Applicable To Common Shares historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cameco Corp's overall financial position and show how it may be relating to other accounts over time.
| Net Income Applicable To Common Shares | 10 Years Trend |
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Net Income Applicable To Common Shares |
| Timeline |
Cameco Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | 139,397,026 | |
| Geometric Mean | 158,055,480 | |
| Coefficient Of Variation | 121.12 | |
| Mean Deviation | 137,577,669 | |
| Median | 171,853,000 | |
| Standard Deviation | 168,843,895 | |
| Sample Variance | 28508.3T | |
| Range | 565.8M | |
| R-Value | (0.22) | |
| Mean Square Error | 28944.9T | |
| R-Squared | 0.05 | |
| Significance | 0.40 | |
| Slope | (7,336,204) | |
| Total Sum of Squares | 456132.2T |
Cameco Net Income Applicable To Common Shares History
About Cameco Corp Financial Statements
Cameco Corp investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how Cameco Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 197.6 M | 207.5 M |
Pair Trading with Cameco Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cameco Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cameco Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Cameco Stock
Moving against Cameco Stock
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The ability to find closely correlated positions to Cameco Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cameco Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cameco Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cameco Corp to buy it.
The correlation of Cameco Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cameco Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cameco Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cameco Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Cameco Corp Correlation against competitors. To learn how to invest in Cameco Stock, please use our How to Invest in Cameco Corp guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.